Strategy Sells 1,637 BTC as Bitcoin Holdings Fall to 842,138

The post Strategy Sells 1,637 BTC as Bitcoin Holdings Fall to 842,138 appeared first on Coinpedia Fintech News

Strategy sold 1,638 BTC for approximately $104.7 million between July 27 and August 2, at an average price of $63,957 per Bitcoin. The company used about half of the proceeds to fund preferred stock dividends, while the remainder was allocated to STRC share repurchases. During the same period, Strategy also raised $290.6 million through MSTR …